Texas Enterprise, a new online resource from the McCombs School of Business at the University of Texas at Austin. My first post will be an introduction to the debt (taken from Chapter 1 of my book)....

The enormity of the unfolding tragedy in Japan has saddened the world. It is difficult to imagine three successive events, an earthquake, a tsunami, and a nuclear disaster, all hitting one country at the same time. These unfortunate incidents could not have been easily predicted...

The United States has a massive debt problem. Many politicians talk about why we're in this position and what we need to do about it, but Tyler Chessman decided to take a look for himself. As a data scientist, not an economist, Tyler analyzed data...

On Friday, former White House Chief-of-Staff Karl Rove spoke to talk show host Sean Hannity about the debt ceiling (audio recording available <a href="http://www.hannity.com/article/rove-don-t-be-bullied/13278" target="_blank" rel="noopener">here.</a>). Warning about the dangers of not raising the ceiling (and putting the President in control of financial decisions), Rove stated...